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Cellulose esters are generally water insoluble polymers with good film forming characteristics. They are widely used in pharmaceutical controlled release preparations such as osmotic and enteric coated drug delivery systems. Various types of organic cellulose esters have been used in commercial products or in pharmaceutical investigations such as cellulose acetate (CA), cellulose acetate phthalate (CAP), Cellulose acetate butyrate (CAB), Cellulose acetate trimelitate (CAT), hydroxupropylmethyl cellulose phthalate (HPMCP) etc. The most available formulations in market which made by these polymers are enteric coated dosage forms which are usually produced applying acid resistant polymeric coats containing phthalate derivatives of cellulose esters especially cellulose acetate phthalate. Inorganic cellulose esters such as cellulose nitrate and cellulose sulphate are less important than organic cellulose esters in pharmaceutical industries.
The global cellulose esters market is witnessing sustainable growth owing to advancements in the applications of cellulose esters. Moreover, the overall market is also being propelled by increasing demand for cellulose esters from APAC. The market is further boosted by the Increased awareness and concern regarding environmental issues. Increase in exports from APAC would further provide significant growth opportunities to this market in the future. However, the global cellulose esters market is hindered by strict government regulations coupled with volatile raw material prices.
The report analyses the global cellulose esters market based on type, application and geography.
Based on type, the market is segmented into cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, cellulose nitrate and others. Other type majorly includes cellulose diacetate, cellulose sulfates, cellulose acetate phthalate, and cellulose phosphate. These esters are compatible with many resins and soluble in low cost solvent systems. Most CAB’s are soluble in esters, ketones, glycol ethers, blends of alcohol and aromatic hydrocarbons etc.
Based on application, this market is categorized into coatings, films & tapes, cigarette filters, inks, plasticizers and others. Other applications include fillers, binders, thickeners & stabilizers, and flow improvers. Ester derivatives of cellulose are widely used as coating of solid pharmaceuticals. Cellulose ethers are generally hydrophile and convert to hydrogel after exposing to water.
By geography, the global cellulose esters market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. APAC accounted for the largest market share in 2018, followed by North America and Europe. In addition to this, APAC is also projected to grow at a fastest CAGR, owing to increasing demand for cellulose esters for use in cigarette filters, films & tapes, coatings, and plasticizers. Countries such as China and Japan are witnessing substantial growth in the cellulose esters market. Increasing activities for expansion and shift in the cigarette manufacturing base are likely to boost the market in the future.
The leading market players of the global cellulose esters market are Acordis Cellulostic Fibers, Celanese Corporation, China National Tobacco Corporation, Daicel Corporation, Dowdupont, Eastman Chemical Company, Hagedorn Ag, Hangzhou Dayangchem, Mitsubishi Chemical Holdings Corporation, Nitrex Chemicals India, Nitro Química, Nobel Nc, Rayonier Advanced Materials, Rotuba, Sappi, Sichuan Nitrocell, Sichuan Push Acetati, Solvay SA and Synthesia. In, January 2017, Eastman Chemical Company launched its cellulose technology-based product named Eastman Naia cellulosic yarn. This product will further enhance the product line of Eastman in the cellulosic ether category.
The global cellulose esters market is segmented based on type, application and geography. Based on type, the market is segmented into cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, cellulose nitrate and others. Other type majorly includes cellulose diacetate, cellulose sulfates, cellulose acetate phthalate, and cellulose phosphate. These esters are compatible with many resins and soluble in low cost solvent systems.
Based on application, this market is categorized into coatings, films & tapes, cigarette filters, inks, plasticizers and others. Other applications include fillers, binders, thickeners & stabilizers, and flow improvers. Ester derivatives of cellulose are widely used as coating of solid pharmaceuticals. Cellulose ethers are generally hydrophile and convert to hydrogel after exposing to water.
By geography, the global cellulose esters market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. APAC accounted for the largest market share in 2018, followed by North America and Europe. In addition to this, APAC is also projected to grow at a fastest CAGR, owing to increasing demand for cellulose esters for use in cigarette filters, films & tapes, coatings, and plasticizers.
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